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$UPS : for the week of September 10, 2012 this basket aims to focus on companies and industries that are hiring. Entry for all the baskets in at the 3rd/30 minute candle high and a forced exit on Friday at 3p/est unless a parachute exit presents during the weeks action. Currently, the baskets created over the past seven weeks gain have reached +15.75%-percent. Follow me here on Trading View and on twitter @BeautyBubble. Thank you.
It looks to me that UPS is the inverse of crude oil. I like the idea of exiting energy, selling short crude oil, so this idea of going long this basket of stocks because it is oversold (and "hiring" employees) seems to make sense to me.
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